Word: arounders
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Dates: during 1940-1949
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This week both sides danced nimbly and dizzily around, looking for parliamentary advantages. The main issue, however, was pretty clear. It was whether the U.S. was to have a tougher Wagner Act or simply a softer Taft-Hartley Act. The strategy of both sides was to find amendments to make their bills look more attractive to undecided voters. The fence-sitters, not the violent partisans, were the ones who would decide the outcome...
Jimmy Roosevelt had been hanging around the banks of California's muddy political swimming hole all spring, testing the water with his toe, bouncing tentatively on the springboard, and obviously preparing to jump in any minute. Early last month, on the anniversary of his father's death, he got a big push-30 Democratic California businessmen gave him a private dinner at Los Angeles' swank Chasen's Restaurant and pledged $50,000 to back him in politics...
Berliners noted that, despite high-level peace parleys, the local Russians were being their usual selves. But experts in Russian behavior professed to detect a slight softening around the edges...
Economics of Defeat. When MacArthur took over Japan, the country's economic situation was desperate. For decades, Japan, one of the world's great trading nations, had supported itself from markets around the world; its best customers were the U.S., China and India. By ruthless seizure it was the master of fabulously wealthy Manchuria, the chief prize in the treasurehouse of the "greater East Asia Co-Prosperity Sphere." When the war ended, the great trading empire was shattered. Gone also were four-fifths of the Japanese merchant ships that had carried her trade. Eighty-one million people (increasing...
...busy three months he had persuaded Premier Shigeru Yoshida's government to balance its budget (for the first time since 1931) and set up a realistic yen rate (360 to $1 U.S.). In return for the national belt-tightening that this signified, the Japanese would receive U.S. aid (around $4,000,000 in 1949) along self-helping ECA lines...